We continue to believe that PM will move higher once this small pullback ends, which could be today. We see the slightly out of the money options expiring in two weeks as particularly attractive right now. Also, please check out this tradingview.com link for forecast information. We think that this pattern will produce a profit within about 5 days
This pattern did not evolve as expected. A bottom is likely near, however. Prices have retraced to a .618 level and a 9 count has been formed.
Ghi chú
We saw a momentum shift on Friday to the upside, and we still like this for a long trade.
Ghi chú
Another momentum signal today (two histograms have triggered), and a good fit for our longer-term Harmonic Swing pattern. We will use 95.56, today's close, as our entry point alert price.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.